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Lawmakers press for Geithner AIG testimony (Reuters)
Jan 8th
Reuters - U.S. lawmakers on Friday pressed for Treasury Secretary Timothy Geithner to testify on whether the New York Federal Reserve Bank improperly pressured AIG to withhold information on payments it made to banks after its government bailout.
Twitter hiring workers to turn Tweets into money (Reuters)
Jan 8th
Reuters - Twitter, the popular but money-losing microblogging service, is hiring engineers and specialists who can help turn it into a money-maker.
Lawmakers press for Geithner AIG testimony (Reuters)
Jan 8th
Reuters - U.S. lawmakers on Friday pressed for Treasury Secretary Timothy Geithner to testify on whether the New York Federal Reserve Bank improperly pressured AIG to withhold information on payments it made to banks after its government bailout.
Obama awards $2.3 billion clean energy tax credits (Reuters)
Jan 8th
Reuters - U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits.
Employers slash jobs in Dec, pressuring Obama (Reuters)
Jan 8th
Reuters - U.S. employers cut 85,000 jobs in December, confounding expectations the labor market was finally stabilizing and piling pressure on President Barack Obama to spur job growth.
Fed’s Lacker says U.S. growth prospects improving (Reuters)
Jan 8th
Reuters - The U.S. economy is on much better footing despite a soft labor market and a rickety commercial real estate sector, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.
Apple tablet supply chain points to Q2 launch: sources (Reuters)
Jan 8th
Reuters - Suppliers for Apple Inc's new tablet computer have begun shipping touchscreen panels and will start delivering aluminum casings for it next month, sources said, implying a second-quarter product launch.
BofA says bonuses will rise, but no record payouts (Reuters)
Jan 8th
Reuters - Bank of America Corp will likely pay some employees at its investment bank at levels significantly above last year, although there will be no record payouts, a spokesman for the bank said on Friday.
German bank card glitch resolved: retailers (AFP)
Jan 8th
AFP - A New Year's technical glitch which rendered 30 million German bank cards unusable for shopping payments has been resolved, the country's retail association said on Friday.
World stocks recover from US jobs disappointment (AP)
Jan 8th
AP - Stock markets and the dollar bounced back from earlier losses Friday as investors said weaker than expected U.S. December jobs figures did little to alter predictions for ongoing economic growth this year.
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